Domestic silver price
As of 9:20 a.m. on September 14, the price of 999 999 coins (1 tael) at Phu Quy Jewelry Group was listed at 1.617 - 1.667 million VND/tael (buy - sell); unchanged in both directions compared to yesterday morning.
The price of 999 taels of silver (1 tael) at Phu Quy Jewelry Group was listed at 1.617 - 1.667 million VND/tael (buy - sell); unchanged in both directions compared to yesterday morning.
The price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 43,119 - 44.453 million VND/kg (buy - sell); unchanged in both directions compared to yesterday morning.
In the previous trading session (August 14, 2025), the price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 39.439 - 40.666 million VND/kg (buy - sell).
Thus, if buying 999 taels of silver (1kg) at Phu Quy Jewelry Group on August 14 and selling it this morning (September 14), buyers will make a profit of VND 2.453 million/kg.
World silver price
On the world market, as of 9:20 a.m. on September 14 (Vietnam time), the world silver price was listed at 42.02 USD/ounce; unchanged from yesterday morning.
Causes and predictions
Silver prices are currently hovering around $42 an ounce, just a short way from a 14-year high. According to analyst James Hyerczyk, the precious metal has gained nearly 46% since the beginning of the year thanks to the continuous flow of investment capital and increasingly scarce supply.
He noted that the London Silver Market Association's (LBMA) treasury could run out in the next few months if demand continues to accelerate, raising concerns about a shortage of physical gold supply.
In addition, industrial demand for solar and energy storage sectors still plays a sustainable support role for the market, while expectations of the US Federal Reserve (FED) continuing its dovish policy further reinforce the positive sentiment of investors.
Technically, James Hyerczyk said that silver price support levels are determined to be at 40.73 and 40.40 USD/ounce. Maintaining the increase above 42.46 USD/ounce will create momentum for silver prices to move towards the important resistance level of 44.22 USD/ounce.
"The market outlook is still leaning towards the price increase scenario. If the silver price clearly breaks through the 42.46 USD/ounce mark, the market will have a basis to re-examine the 44.22 USD/ounce zone in the short term, consolidating the upward trend that has been formed since the beginning of the year" - James Hyerczyk expressed his opinion.
See more news related to silver prices HERE...
